Rakuten Invests Heavily in Boeing Amid Ongoing Challenges

Rakuten Investment Management Inc. has taken a new position in shares of The Boeing Company (NYSE:BA) according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor acquired 126,533 shares of the aircraft producer's stock valued at approximately $27,165,000 during the second quarter.

This is not an isolated instance, as other hedge funds and institutional investors have also made changes to their positions in the company.